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(SOBHA) Sobha complete technical analysis [charts+indicators] | Buy/Sell Sobha | (SOBHA) share price targets

Complete technical analysis of Sobha (SOBHA) by charts plus indicators, forecast predictions and share price targets for Sobha (SOBHA)

Sobha trades in NSE in Realty sector.

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Sobha is 335642

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1582.50	1542.00	1610.75	1513.45	0.687 times
12 Fri Apr 2024	1601.30	1650.00	1660.00	1597.00	0.877 times
10 Wed Apr 2024	1644.35	1604.80	1660.00	1604.75	0.823 times
09 Tue Apr 2024	1600.70	1548.05	1687.00	1548.05	3.008 times
08 Mon Apr 2024	1540.10	1568.95	1585.00	1534.00	0.269 times
05 Fri Apr 2024	1555.00	1540.00	1570.00	1511.15	0.941 times
04 Thu Apr 2024	1563.55	1569.05	1586.75	1543.00	0.39 times
03 Wed Apr 2024	1569.05	1567.90	1598.45	1543.15	0.632 times
02 Tue Apr 2024	1567.90	1534.00	1583.00	1530.00	0.986 times
01 Mon Apr 2024	1543.20	1436.60	1550.00	1425.10	1.558 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1595 as stoploss in an intra day sell trade for a target of 1464.24. However, stock will show a bullish move above 1595.

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	908.75
Downside Target	987.25
Downside Target	1088.95
Downside Target	1207.05
Downside Target	1258.35
Downside Target	1408.95
Downside Target	1513.45
Downside Target	1577.95
Upside Target	1598.45
Upside Target	1610.75
Upside Target	1659.00
Upside Target	1675.00
Upside Target	1687.00

Intraday share price targets for Sobha (SOBHA)

Target Type	Value
Downside Intraday Target	1527.05
Downside Intraday Target	1471.6
Upside Intraday Target	1624.35
Upside Intraday Target	1666.2
Downside Intraday Target	1568.9

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1582.50	1542.00	1610.75	1513.45	0.138 times
12 Fri Apr 2024	1601.30	1568.95	1687.00	1534.00	1.104 times
05 Fri Apr 2024	1555.00	1436.60	1598.45	1425.10	1.346 times
28 Thu Mar 2024	1448.75	1470.00	1518.70	1408.95	0.384 times
22 Fri Mar 2024	1477.05	1239.95	1515.05	1207.05	1.738 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sobha (SOBHA)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1582.50	1436.60	1687.00	1425.10	0.485 times
28 Thu Mar 2024	1448.75	1565.45	1659.00	1207.05	0.9 times
29 Thu Feb 2024	1565.15	1450.00	1675.00	1258.35	0.215 times
31 Wed Jan 2024	1447.75	989.95	1577.95	987.25	2.54 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sobha (SOBHA)

Price action analysis of Sobha ( (SOBHA) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sobha ( (SOBHA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (SOBHA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (SOBHA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sobha in short term and the buy signal is strong.

Sobha Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sobha in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sobha is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1581.84 and Sobha (SOBHA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sobha (SOBHA) stock. Volume based technical analysis of Sobha (SOBHA) stock is negative.

Sobha Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.